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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (50326)3/13/2000 8:06:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 116759
 
Richard, there's no need for alternative energy. There's oil everywhere, the decision to raise price is completely political. Notice that the oil stocks don't reflect the price leverage (I know you know about POG/XAU leverage, the same with oil). IMO this move is a temporary political move to kill off speculative financial markets and help Russia.